(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 26, 2021, 05:14 /Comserve / -- Global Polycarbonate Market is a composition of crystalline thermoplastic molecules. The polycarbonate is produced through the blending of other polymers such as polyester, ABS, etc. to be used in various application segments.
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Global Polycarbonate Market is a composition of crystalline thermoplastic molecules. The polycarbonate is produced through the blending of other polymers such as polyester, ABS, etc. to be used in various application segments. The technological advancement in the processing techniques and availability of variety of options such as injection molding, extrusion, foam molding, etc., is offering enhanced application areas of polycarbonate in different industries that would expedite the market growth in the years to come.
According to MarkNtel Advisors' research report titled“Global Polycarbonate Market Analysis, 2020”, the Global Polycarbonate market is anticipated to grow at a CAGR of around 7% during 2020-25. The increasing demand for polycarbonate from the end-user industries such as electronics and electrical, automotive, construction, medical devices, and consumer goods, among others is spurring the market growth.
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The automotive segment dominated the global Polycarbonate market during 2015-2019, followed by the electronics industry segment, as stated in the MarkNtel Advisors' research report on“Global Polycarbonate Market Analysis, 2020”. The two segments together accounted for around 50% market size of the over end-user application market.
The flexibility, lightweight properties, and high heat resistance and chemical resistance power of the polycarbonate is making it highly applicable for the designing of the interior and exterior components of automobiles. The improvement in the economic conditions and living standards of the population in the Asia-Pacific is contributing to the growth of luxury passenger vehicles. Moreover, the changing regulatory framework for the production of lightweight automotive is making the hydro plastic polymers a preferable choice over the glass.
The intensifying demand for luxury passenger cars across the emerging and developed nations is expected to galvanize the global polycarbonate demand in the future, and thus maintain persistent growth in the segment.
According to MarkNtel Advisors', some the of key competitors operating in the Global Polycarbonate market include SABIC, Mitsubishi Engineering Plastics Corp., Convestro AG, Lotte Chem, Teijin Limited, Trinseo SA, LG Chem, and Chi-Mei Corporation. The low labor cost and easy availability of raw inputs in the Asia-Pacific countries is creating a surge in the China and Indian markets.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Polycarbonate Market Analysis Growth, Revenue Analysis, Demand Forecast, 2020
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Polycarbonate Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Polycarbonate Market?
TABLE OF CONTENT
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Polycarbonate Market Outlook, 2015- 2025F
4.1. Market Size and Analysis
4.1.1. By Revenues
4.1.2. By Quantity Sold
4.2. Market Share and Analysis
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